• Bridgestone To Withdraw From Conveyor Belt Business

    November 02, 2021

    Bridgestone Corporation, a global tyre and rubber company, has withdrawn from its conveyor belt business. The move comes after the company recognised its inability to provide both social and customer value while securing profitability. Bridgestone annou

  • Yokohama Completes Transfer Of Hamatite Business To Sika

    November 02, 2021

    The Yokohama Rubber Company today announced the completion of transfer of its Hamatite business to the Sika Group, a switzerland-based speciality chemical manufacturer. Transfer of the sealant, waterproof and adhesive brand of Yokohama was completed on

  • Elkem Receives Approval For Silicone Plant Investment

    November 01, 2021

    Elkem, a speciality materials manufacturer, has received approval from its board of directors to invest NOK 350 million (USD 41.47 million) in its Roussillon silicone plant in France. The company claims that the investment will help the brand expand its

  • Hankook & Company Sets Aside Investment Funds For New Startups

    October 29, 2021

    Hankook & Company, the holding company of Hankook Tire & Technology, has established a fund called ‘STREAM Fund’ with We Ventures, a Korean venture capitalist, to support early startups and aid the growth of the companies. The first investment was m

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